Glossary

Term	Meaning
Merchant	The entity or person who sells products or services and accepts crypto payments from customers.
Customer	The individual or organization that subscribes to services by paying with crypto.
Subscriber	A customer that has already subscribed to a Merchant payment plan.
Product	Goods or services offered by the merchant for sale to customers.
Payment plan	The different pricing tiers or levels offered by merchants for their products or services with different frequencies (eg. Monthly, Yearly)
Pricing contract	An unchangeable smart contract accepting a specific token, with a fixed price and frequency. It could only be cancelled by the merchant
Subscription	A recurring payment arrangement where customers pay a fixed amount at regular intervals for continued access to a service or product